Longboard, The difference today is that there are

Longboard, The difference today is that there are no longer any toxic notes encumbering the Company as there have been for several years. The way the floorless convertibles worked, if anyone loaned AMBS any money, the equity they would be given (likely in shares or warrants) would become worthless as the existing toxics continued to dilute and the stock became worth less and less. So all of the later financing they were able to get, also had to be floorless convertibles (toxic) to protect themselves. Once you make one loan floorless, it is impossible to get any more financing at market rate until the floorless note(s) are paid off or removed.

If you had someone who wanted to loan 10 million dollars yesterday they couldn't. Today they can. Today is the first day in several years that there are no floorless notes and the most important news in the history of the Company. Period. Whether the market reacts accordingly, who knows.